Since their establishment in 1999, Regional Development Agencies have been required to
produce Regional Economic Strategies, working with partners and on behalf of their regions.
The Northwest’s strategy has evolved to become well targeted on specific actions. The 2006
Regional Economic Strategy (RES) included only 45 Transformational Actions and was the first
that could be “performance managed”, with each action being assigned a “lead” organisation.
In addition the 2006 RES set 8 headline targets for the region for the first time.